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Financial Services Question
Do you think the banks are fairly valued right now or just getting hammered from the shorts?
Best Answer
989 points
rvilmur answered 10 months ago …
There is no rational way to put a value on the banks right now because they hold too much bad paper that can't be priced. Bailout money from the government will just end up severely diluting current shareholders. These are not investments but pure speculation on a recovery that for the shareholders may never happen. The banks will remain in trouble until there is a recovery in real estate prices for both homes and commercial property.
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